Larry Aschebrook, Founder & MP @GSquared: How We Lost Money on Uber and Made Millions on Lyft

I mean, we made ridiculous sums of money for LPS in that period. We were the largest shareholder of Corsera. $800

million back to LPS on Corsera. We made a ton of money on Lyft and we lost money on Uber. What? 40% of my third fund went

into Spotify. I went back to our LPs and said, "Listen, we [ __ ] up. We need to pivot. We need another 300 million bucks

because I need to protect this thing." The next 3 years were some of the worst of my life. Ready to go,

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